Condotels are Calling

Looking for Condotel financing? What about cash out? Finance Factors may have the answer for clients looking to purchase, refinance or get cash out on their Oahu condotel property with our brand new condotel financing program.

Here are some program highlights – call us for full details

Available for properties on Oahu only

Cash-out refinance same as purchase

Lodging units – reduce LTV by 10%

740 FICO

Minimum $30,000 in reserves

No income and full expenses for unit used in qualifying

Loan Amount

Owner-Occupant
(LTV)

Investor
(LTV)

Foreign Investor/
NO FICO
(LTV)

$50,000 – $150,000

60%

60%

45%

$150,001 – $250,000

55%

55%

45%

$250,001 – $350,000

50%

50%

45%

Funds are limited, so call us today!

Our common-sense approach allows us to consider the entire picture, and not just the property or borrower information, when underwriting the loan.